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Cement Mixer Market Growing at 10.61% CAGR to 2020 Driven by APAC


News provided by

Sandler Research

05 Jul, 2016, 06:00 GMT

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PUNE, India, July 5, 2016 /PRNewswire/ --

Global cement mixer market 2016 - 2020 research report says a key trend which is boosting market growth is growing use of alternative fuel for cement production. Pet coke is an alternative fuel that is being adopted worldwide. The fuel has a high calorific value and sulfate content. Being less volatile in nature, this fuel is ground completely before feeding it to the kiln to make appropriate use of its high calorific value. The major advantage of pet coke is that it is a by-product of oil refining and is a cheaper fuel than coal.

Complete report on cement mixer market spread across 60 pages, analyzing 4 major companies and providing 24 data exhibits now available at http://www.sandlerresearch.org/global-cement-mixer-market-2016-2020.html.

The analysts forecast global cement mixer market to grow at a CAGR of 10.61% during the period 2016-2020. According to the 2016 cement mixer market report, one of the major advantages of a cement mixer is that it saves time and manual effort that is involved in the construction process. Cement mixers reduce the labor expenses, which makes it a more economical way of mixing concrete and cement. It saves a considerable amount of raw materials because accurate portions of concrete ingredients are fed into a cement mixer, which minimizes the wastage. These mixers act as crucial construction equipment saving time and increasing the efficiency during the execution of any building project.

In APAC countries, the construction market is growing at a rate of nearly 12% annually. It consists of the fastest growing and emerging markets in countries such as China, India, Indonesia, Malaysia and Vietnam, which are also considered to exhibit great potential for cement mixers.

Increased government spending on infrastructure development accounts for the growth of the cement mixer market. In addition to making investments in designing, planning, branding, and expanding existing facilities, major cement mixer manufacturers have also started acquiring new players in the market. The market is highly competitive, and vendors are constantly trying to innovate and develop new varieties of cement mixers to cater to the changing needs of the customers. Order a copy of Global Cement mixer Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=56716.

The following companies are the key players in the global cement mixer market: Caterpillar, Liebherr, Sany Heavy Industries, and Sinotruk. Other prominent vendors in the market are: Akona Engineering, Chenggong Machinery, Doosan Infracore, Fangyuan, Lino Sella, LiuGong, Shanghai Hua Dong Construction Machinery, Shantui Construction Machinery, Terex, Volvo, and Zoomlion.

Global Cement Mixer Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global cement mixer market for 2016-2020. To calculate the market size considers the revenue generated from the total consumption of cement mixers globally. The report does not include revenue generated from the aftermarket service of the product.

Another related report is Global Concrete and Cement Market 2016-2020; Cement manufacturing takes place in bulk and in a controlled environment. If stored under favorable conditions, the durability of cement is relatively long. Different types of cement are air-entraining cement, blast furnace slag cement, colored cement, high alumina cement, hydrographic cement, low heat cement, pozzolanic cement, quick setting cement, and white cement. According to the report, the supportive policy measures from governments and regulators, and an increase in disposable income in the middle-class population are some of the factors spurring the affordable housing market. Browse complete report @ http://www.sandlerresearch.org/global-concrete-and-cement-market-2016-2020.html.

Explore other new reports on Construction Market @ http://www.sandlerresearch.org/market-research/construction.

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